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Oceanfreight Inc

OceanFreight Inc. Announces Date for the Release of Third Quarter Results

OceanFreight Inc. (NASDAQ: OCNF), a NASDAQ listed bulk shipping company announced that it will release its results for the third quarter period ended September 30, 2007 after the close of the market in New York on Wednesday, October 24, 2007. The declaration of the Company’s dividend for the third quarter of 2007 will also be announced at that time. On Thursday, October 25, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


DryShips and OceanFreight Complete Merger

dryships_logo.gif

DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger and OceanFreight has become a wholly-owned subsidiary of DryShips. Under the terms of the merger agreement, OceanFreight shareholders will be entitled to receive $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc


Woodland Support Cycling Submariners

Woodland International Transport got on its bike to sponsor a team of engineering undergraduates by shipping their pedal-powered submarine to and from the United States. Inspired by penguins' swimming technique, the University of Bath students created a submarine called the SeaBomb, powered by a pilot who pedals on a machine similar to an exercise bike. Woodland shipped the vessel to the USA where it participated in the 9th International Submarine Races


OSMA Elects New Officers

The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc


OceanFreight Inc. New Charter

OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services for both drybulk and energy commodities, announced a new charter for the recently acquired 180,000DWT, 2005 built capesize vessel. Upon delivery, the vessel will be renamed M/V Montecristo and will commence employment on a time charter for a minimum period of four years at a gross rate of $23,500 per day and a maximum of eight years at an average gross rate of $24,125 per day for the optional period.


CEVA Holdings 2Q, 2014 Results

  CEVA Holdings LLC, one of the world’s leading non‐asset based supply chain management companies, today reported results for the three months ended 30 June 2014.   Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team


Keppel Philippines Appoints New Execs.

Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew. Charles Foo, who currently serves as the managing director of Keppel Hitachi Zosen, will assume Loh's post as Chairman of Keppel Philippines Marine, Inc (KPMI) and Subic Shipyard and Engineering Inc (SSEI). Kevin Wong, who is the executive director and managing director of Keppel Land Limited (Keppel Land) in


Gilman Named DMT Chairman of the Board

Deep Marine Technology, Inc. announced the election of Bruce C. Gilman to Chairman of the Board. A businessman with CEO level management expertise, Gilman’s four decade Subsea Career is highlighted with professional accomplishments such as President of both Perry Offshore & Oceaneering International Inc.; President and Founder of Sonat Subsea Services; President, CEO & Director of Sonsub Inc., and Chairman and President of Saipem Inc., the US Subsidiary of Saipem SpA.


Lloyd's Register New Regional HQ, Houston

Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming.   The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors


Free Research Reports on Selected Companies by Analysts' Corner

Analysts' Corner release new research reports highlighting Trinity Industries, Inc., Nordic American Tankers Limited ), J.B. Hunt Transport Services, Inc., SEACOR Holdings, Inc.), and DryShips Inc. Readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Trinity Industries, Inc. Research Report Available at: [http://www.analystscorner.com/r/full_research_report/39ee_TRN ]


Pioneer Marine Cancels Drybulk Newbuildings

Pioneer Marine Inc., a shipowner and global drybulk handysize transportation service provider, has terminated the last two newbuilding contracts for Green Dolphin 38,400 dwt Handysize vessels following mutual agreement with Yangzhou Guoyu Shipyard


Cheniere to Roll Out Second LNG Unit

Photo: Cheniere Energy, Inc

 Cheniere Energy Inc. plans to start exporting liquefied natural gas in August from a second plant at its Sabine Pass terminal in Cameron Parish, according to a report from Bloomberg News.    Cheniere began exporting LNG in February from its first unit at Sabine Pass


TAMRF Extends Research Vessel Charter

JOIDES Resolution (File photo: William Crawford, IODP/TAMU)

Overseas Drilling Ltd., a 100 percent owned subsidiary of Siem Offshore Inc., and Texas A&M Research Foundation (TAMRF) have agreed to extend the charter of the scientific research drilling vessel JOIDES Resolution.   Under the agreement


Siem Renews Contract for Seven Reefers

Photo: Siem Shipping Inc

 Norwegian liner Siem Shipping Inc. has won a one-year contract renewal for a regular weekly service from Ecuador to St. Petersburg, Russia. The contract extension for the service covers seven reefer vessels.   The service, which employs seven vessel


Eastern Delivers 63rd Towboat for Florida Marine

M/V Lawrence Campbell (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. delivered the M/V Lawrence Campbell (Hull 193) on April 12, 2016, the 63rd 90-foot inland towboat to Florida Marine Transporters, LLC of Mandeville, La., continuing its ongoing newbuild program.   It was in early 2015, when Florida Marine Transporters


Crowley Christens Third LNG-ready Product Tanker

Carrie Templin christens Crowley’s new product tanker Louisiana in New Orleans (Photo: Crowley)

Crowley Maritime Corporation christened the third of four new LNG-ready Jones Act product tankers at a May 5 ceremony at the Julia Street Cruise Terminal in New Orleans.   The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity MT Louisiana is capable of carrying crude oil


Scorpio Tankers Reports Commitment for New Loan Facility

Courtesy Scorpio Tankers

Scorpio Tankers Inc. announced it has received a commitment from NIBC Bank N.V. for a loan facility of up to $44 million. The loan facility, subject to customary conditions precedent and the execution of definitive documentation, will be used to refinance the existing indebtedness on two


Maritime Hall of Fame Honors Marine Visionaries

C Duff Hughes (Photo:Maritime Association of the Port of New York & New Jersey)

The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry.


Conrad Declares Dividend

Photo Conrad Industries, Inc.

Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock


US Oil Drillers Cut Rigs for 8th Week to Oct 2009 Lows

U.S. oil drillers cut rigs for an eighth week in a row to the lowest level since October 2009, oil services company Baker Hughes Inc said Friday, even with futures at six-month highs as some energy firms focus on completing wells rather than drilling new ones.  


IMS Launches Tankering and Plant Service Company

Dave Hammond (Photo: IMS)

Inland Marine Service, Inc. (IMS) has partnered with Shawn Hantz of Third Coast Tankering, LLC to launch a new tankering and plant service division called Inland Marine Tankering, LLC (IMT), announced IMS president, Dave Hammond.   IMS is a marine management company employing more than 700


Bouchard: New Logo and Website

New logo for Bouchard Transportation Co., Inc.

Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, has introduced a new corporate logo and announced plans to launch an updated website before the end of the year. Both the new logo and updated website, www.bouchardtransport


Euronav, Bretta Terminate Suezmax Joint Venture

Photo: Euronav

Euronav NV and Bretta Tanker Holdings Inc. have agreed to terminate their joint venture covering four Suezmax vessels: the Captain Michael (2012 - 157,648 dwt), the Maria (2011 - 157,523 dwt), the Eugenie (2010 - 157,672 dwt) and the Devon (2011 - 157,642 dwt).


Philly Shipyard Lays Keel for Second APT Tanker

Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).   Representatives from Philly Shipyard and Kinder Morgan were in attendance to place coins on one of the keel


Crowley Ramps up Investment in Puerto Rico

First row (L to R): John Hutchins, principal, Harbor Consulting Engineers; Tucker Gilliam, vice president, Crowley; Humberto Reynolds, president, Del Valle Group; second row: Carmelo Calderon, vice president, infrastructure division, Del Valle Group; Jose Soler, project manager, Del Valle Group. (Photo: Crowley)

Crowley Puerto Rico Services announced an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan.    The contract was awarded to Del Valle Group, S.P. of Toa Baja, Puerto Rico






 
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